Cramer’s Lightning Round: FedEx is a buyout

  • It’s that time again! “Mad Money” host Jim Cramer rings the round bell, which means he gives his answers to stock callers’ questions pretty quickly.

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Snap stock performance since the beginning of the year.

Snap: “They have to monetize their existing user base, but I’ll tell you something: Every share they’re shorted is going up right now, so I think Snap’s up 10% and then you have to sell.”

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Organon & Co.’s annual stock performance.

Organon & Co.: “It’s because it has no growth, and if it doesn’t have growth, I don’t want to be in it, plain and simple.”

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Daqo New Energy Corp.’s stock performance year-to-date.

Daqo New Energy Corp: “I don’t recommend any Chinese stock other than Alibaba, and even there Alibaba reported a very weak quarter last week… I’m going to have to say no to that, I’m sorry.”

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Trimble’s stock performance since the beginning of the year.

Trimble: “I’d say sell Trimble.”

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GoDaddy stock performance year-to-date.

GoDaddy: “I’m not a fan. It’s an expensive stock and offers very little ownership.”

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Unity Software stock performance year-to-date.

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Communicate Energy Stock’s year-to-date performance.

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Parker-Hannifin stock performance year-to-date.

Parker-Hannifin: “Industrial sectors are deteriorating, but it was the best quarter in any industry sector. I would tell you if Parker-Hannifin has the right to stay in it, and if it falls above the debt ceiling, I’ll hit the ‘buy, buy, buy’ button.”

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Boston Omaha Corp stock performance year-to-date.

Boston Omaha: “It’s such a jumble of real estate, I gotta get away. There just isn’t enough to make me want to pull the trigger.”

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FedEx stock performance year-to-date.

FedEx: “Listen, FedEx, time to buy. I think stock is cheap, should be a great quarter. I want to own FedEx stock!”

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